GBPJPY is consolidating after breaking the descending channel.
The market rejected the psychological level of 161.000 and closed below it.
On longer timeframes, the trend is bearish.
If the price breaks through the consolidation zone, we could see a sharp bearish move.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market rejected the psychological level of 161.000 and closed below it.
On longer timeframes, the trend is bearish.
If the price breaks through the consolidation zone, we could see a sharp bearish move.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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